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Added 42 mins ago
B
Resident Manager
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Added 43 mins ago
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Account Manager I
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OA
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Added 4 hours ago
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Community Residential Manager
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Added 13 hours ago
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Added 17 hours ago
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Commercial Property Manager
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Added 17 hours ago
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Manager, Real Estate Operations
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Added 18 hours ago
DP
Property Manager
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Added 18 hours ago
CL
General Manager - Off Campus
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Added 18 hours ago
SR
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Added 18 hours ago
SR
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Added 18 hours ago
C
Senior Property Manager
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LCBO

Lease Accountant

Toronto, ON, Canada

$66,671 to $113,578 CAD / year · Contract

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Job details

Pay: $66,671 to $113,578 CAD / year
Job type: Contract
Apply by: Nov 28, 2026
Posting language: English
Posted: Oct 29, 2026

Original job description

Lease Accountant (1 year contract)

This is a onsite role [#LI-Onsite]

Contract: Duration: 1 year

Reporting to the Senior Manager, Real Estate Administration & Analysis, the Lease Accountant is responsible for the accurate accounting, reporting, and financial administration of the LCBO lease portfolio. The role applies IFRS 16 requirements to lease data and transactions. It supports month-end and year-end close activities. Additionally, it ensures lease-related balances are complete, accurate, and supported by effective controls.

This is a finance-focused role for an accounting professional. The professional can interpret lease terms, translate them into accurate financial treatment, investigate variances, and provide clear analysis to Finance, Real Estate, and business partners. It is not a real estate sales, leasing, or brokerage position.

About the Role

Apply IFRS 16 requirements to new leases, renewals, amendments, terminations, rent changes, incentives, and other lease events, including the appropriate accounting treatment and supporting documentation.
Prepare monthly lease accounting entries, reconciliations, continuity schedules, and supporting working papers. Review these items for right-of-use assets, lease liabilities, interest, depreciation, rent, and occupancy-related accounts.
Perform month-end, quarter-end, and year-end close activities for the lease portfolio, investigating variances and resolving reconciling items within established timelines.
Review lease agreements and financial terms to ensure accurate setup and maintenance of accounting data, including commencement dates, payment schedules, renewal options, escalation clauses, and incentives.
Complete IFRS 16 calculations and validate system outputs, including remeasurements and lease modifications, to support accurate financial reporting.
Analyze rent, operating costs, property taxes, and occupancy expenses; identify billing discrepancies, recoveries, missed credits, and opportunities to strengthen financial accuracy and controls.
Prepare budgets, forecasts, accruals, KPI reporting, and variance analysis for lease and occupancy costs, providing clear explanations and financial insights.
Maintain the integrity of lease accounting systems, real estate records, and reporting tools through data validation, reconciliations, and documented controls.
Support internal and external audits by preparing schedules, evidence, reconciliations, and explanations related to lease accounting and financial controls.
Partner with Finance, Real Estate, landlords, and other partners to resolve accounting issues, clarify lease terms, and improve processes.
Investigate property tax assessments, appeals, and related financial impacts.

Required Qualifications

Degree or diploma in Accounting, Finance, Business, or a related discipline. We consider a CPA designation, or progress toward completion, an asset.
We require a demonstrated hands-on experience applying IFRS 16 in a lease accounting environment.
You have 3+ years of experience with lease accounting calculations, journal entries, account reconciliations, balance-sheet continuity, month-end close, and financial statement support.
You have financial skills, with the ability to interpret lease agreements, assess accounting impacts, analyze complex data, and explain variances.
You have advanced Excel skills, including large datasets, reconciliations, formulas, pivot tables, and financial models. Experience with ERP, lease administration, or lease accounting systems is an asset.

Preferred Qualifications

You have knowledge of internal controls, audit support, financial reporting, budgeting, forecasting, and property tax or occupancy cost accounting.
You have a strong commitment to data integrity, documentation, and accuracy.
You have the ability to investigate issues, determine root causes, and implement practical solutions.
You have the ability to collaborate across Finance, Real Estate, and external partners.
You are proactive and organized, with the ability to manage multiple deadlines.

We offer a comprehensive suite of benefits, including:

Access to an Employee & Family Assistance Program.
A Defined Benefit Pension.
Discounts on products and services via Workperks.

There is a world of opportunities at the LCBO…

Join an organization where you can be challenged while achieving your true potential. A place where you can make a positive impact supporting Ontario business and communities. Discover a safe, healthy, diverse, inclusive, and accountable workplace where your wellbeing is our top priority. At the LCBO, your contributions are respected and valued. Be part of our journey as we invest in people and technology to transform an organization. There really is a world of opportunities at the LCBO.

We foster a culture of inclusion and belonging, so everyone feels valued, respected, and heard. The LCBO is an equal opportunity employer and committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility of Ontarians with Disabilities Act. If contacted for an interview or employment opportunity, please advise if you require an accommodation.

Please submit your resume via Workday by 11:59pm on the deadline date. We appreciate your interest and advise that only those selected for an interview will be contacted.

The LCBO collects and uses the personal information you provide under the authority of the Liquor Control Board of Ontario Act, 2019, SO 2019, c 15, Sch 21, Section 3 and in compliance with the Freedom of Information and Protection of Privacy Act for the sole purpose of processing your job application. When you click “Apply with LinkedIn” you are agreeing to share your information with our service providers engaged by us in connection with recruitment and human resources related activities.

If you wish to submit an application without sharing your information with LinkedIn, please visit the LCBO Careers website.

If you have any questions concerning the LCBO’s collection and use of personal information, please contact the Freedom of Information and Privacy Office..

Apply About employer

More about this job

Responsibilities

Apply IFRS 16 to lease events and prepare accounting entries, reconciliations, continuity schedules, and close support for the lease portfolio. Analyze lease and occupancy costs, maintain accurate records and controls, support audits and forecasts, and work with Finance, Real Estate, landlords, and other partners to resolve issues.

Requirements

A degree or diploma in Accounting, Finance, Business, or a related discipline is required; a CPA designation or progress toward one is an asset. Candidates need hands-on IFRS 16 lease accounting experience and at least three years of experience with lease calculations, journal entries, reconciliations, close activities, and financial statement support, along with advanced Excel skills.

Skills

IFRS 16 Lease Accounting
Lease Accounting Calculations
Journal Entries
Account Reconciliations
Month-End And Year-End Close
Financial Reporting
Lease Agreement Interpretation
Variance Analysis
Advanced Excel
Budgeting And Forecasting
Internal Controls
Audit Support
Data Validation
Property Tax Analysis
Financial Modeling
Cross-Functional Collaboration

Benefits

Employee And Family Assistance Program
Defined Benefit Pension
Product And Service Discounts

Visa sponsorship

Not detected in the job text

Keywords

IFRS 16
Lease Accounting
Right-Of-Use Assets
Lease Liabilities
Lease Modifications
Lease Remeasurements
Journal Entries
Account Reconciliations
Balance-Sheet Continuity
Month-End Close
Quarter-End Close
Year-End Close
Financial Reporting
Advanced Excel
Pivot Tables
Financial Models
ERP Systems
Lease Administration Systems
Internal Controls
Audit Support
Budgeting
Forecasting
Accruals
Variance Analysis
Occupancy Costs
Property Tax
Data Integrity
Lease Agreements
Rent And Operating Costs
Financial Statement Support

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